DSX Options History — July 2021

In July 2021, DSX traded between $3.92 and $4.99. ATM implied volatility averaged 65.2%, placing in the 21.0% IV rank vs the trailing year. The 30-day expected move averaged 19.6%. IV traded above realized volatility by 8.8% (HV 20d: 56.4%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.40.

Notable Days

  • 2021-07-02: Highest Volume — 2,701 contracts
  • 2021-07-14: Largest IV spike — 36.3% change
  • 2021-07-06: Highest IV Rank — 29.0%
  • 2021-07-27: Largest Expected Move — 22.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.29$3.92$4.99$4.99$4.34
Max Pain$5.00$5.00$5.00$5.00$5.00
ATM IV65.2%48.3%78.1%55.6%62.8%
Expected Move19.6%16.0%22.0%16.0%18.0%
HV 20d56.4%50.7%62.6%54.7%55.6%
HV 60d71.8%70.1%74.1%70.7%70.7%
IV Rank21.0%10.5%29.0%15.0%19.5%
IV Percentile18.8%2.0%36.9%4.8%13.9%
Term Structure0.5%-9.0%14.2%14.2%7.5%
VWIV69.3%52.4%86.4%52.4%65.5%
Skew 25d-6.5%-17.5%26.3%0.3%-0.3%
Skew 10d-2.0%-48.7%94.8%0.0%6.3%
Call IV 25d70.6%51.0%89.4%51.0%65.3%
Put IV 25d64.1%51.3%89.4%51.3%65.0%
Bid-Ask Spread %37.018.5568.5528.3539.11
Gamma HHI0.250.210.300.280.26
Net GEX14.9K3.6K28.5K28.5K19.2K
Net DEX-198.1K-2.4M903.9K-2.4M-415.0K
Net VEX-18.1K-22.0K-15.8K-22.0K-16.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.400.021.550.110.34
Total Volume794.3811202,7011,104599
Total OI33,024.71430,75835,81031,72831,995

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$4.99$5.0055.6%16.0%54.7%15.0%52.4%0.3%14.2%28.5K-2.4M-22.0K0.1128.35N/AN/A99311119,20712,521
2021-07-02$4.62$5.0060.9%17.5%61.4%18.3%60.1%-7.5%7.0%20.8K-1.2M-20.3K0.5721.45N/AN/A1,71798419,56712,604
2021-07-06$4.59$5.0078.1%20.1%60.5%29.0%77.2%-13.5%1.9%18.1K-1.0M-20.3K0.8044.00N/AN/A45536219,92013,377
2021-07-07$4.37$5.0057.6%20.1%62.6%16.3%71.0%-6.4%-1.7%10.1K-172.2K-18.9K0.5861.14N/AN/A1,47886319,89913,637
2021-07-08$4.33$5.0075.1%20.2%60.1%27.1%70.6%-11.6%2.0%9.8K-6.1K-19.1K0.4362.08N/AN/A85636520,59713,953
2021-07-09$4.47$5.0048.3%20.3%60.7%10.5%70.2%-5.1%-2.1%13.9K-414.9K-20.4K0.0931.07N/AN/A1291121,12714,195
2021-07-12$4.33$5.0051.2%19.9%57.7%12.3%71.2%-8.8%0.9%11.2K-149.1K-19.1K0.4236.32N/AN/A1897921,10514,186
2021-07-13$4.10$5.0049.2%20.5%56.5%11.1%74.4%-16.0%-9.0%5.0K397.7K-17.9K0.2539.52N/AN/A42410421,24714,206
2021-07-14$4.12$5.0067.1%19.2%51.9%22.1%69.8%-13.6%-1.1%6.9K345.6K-18.5K0.1039.13N/AN/A2212221,44014,220
2021-07-15$4.06$5.0071.7%20.5%51.4%25.0%73.2%-16.5%0.9%3.6K429.6K-17.3K1.1713.94N/AN/A14517021,55114,181
2021-07-16$3.92$5.0071.5%20.5%50.7%24.9%71.5%-15.2%-2.9%15.5K903.9K-15.8K1.5568.55N/AN/A7751,20021,56314,247
2021-07-19$4.00$5.0071.6%20.5%52.1%24.9%71.2%-12.6%-1.0%12.9K483.6K-16.9K0.3220.12N/AN/A61419517,26513,493
2021-07-20$4.06$5.0069.3%19.9%51.4%23.5%72.1%-10.9%-8.5%15.2K288.0K-17.2K0.088.60N/AN/A6325217,55813,542
2021-07-21$4.29$5.0069.6%20.0%55.8%23.7%69.9%-0.7%0.4%16.1K-317.3K-18.4K0.1641.97N/AN/A2083417,85513,558
2021-07-22$4.17$5.0069.5%19.9%55.6%23.7%67.3%-1.8%-2.9%17.0K-243.7K-17.8K0.0527.32N/AN/A114617,87313,563
2021-07-23$4.18$5.0061.8%17.7%54.9%18.8%61.4%-5.7%6.0%18.0K138.5K-17.3K1.1351.75N/AN/A12514117,97213,569
2021-07-26$4.32$5.0069.5%19.9%57.3%23.7%69.6%26.3%-6.1%19.1K-216.8K-16.6K0.028.55N/AN/A1,1562017,97213,569
2021-07-27$4.14$5.0076.8%22.0%56.5%28.2%86.4%-17.5%-1.7%16.3K35.4K-16.9K0.1328.50N/AN/A4055117,94513,670
2021-07-28$4.31$5.0066.0%18.9%59.2%21.5%66.0%-1.2%6.7%18.2K-119.5K-16.7K0.0443.05N/AN/A3561517,96313,676
2021-07-29$4.38$5.0066.8%19.2%57.9%22.0%63.7%2.3%0.2%17.9K-524.2K-17.1K0.0862.75N/AN/A2842218,25013,681
2021-07-30$4.34$5.0062.8%18.0%55.6%19.5%65.5%-0.3%7.5%19.2K-415.0K-16.7K0.3439.11N/AN/A44715218,29913,696